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Chelsea Residences 2 by DAMAC
Dubai Maritime City · DLD district Madinat Dubai Almelaheyah DAMACDLD project 3743
Office and residential towers in Business Bay, Dubai. A general view of Dubai, not this projectPhoto: giggel, Wikimedia Commons, CC BY 3.0, resized and cropped
The short answer
Chelsea Residences 2 by DAMAC is active on the DLD register, completion date 31 Dec 2029. It was 5.44% built at DLD’s inspection on 6 Aug 2026. Its 394 home sales over Oct 2025–Sep 2026 registered at a median AED 2.6m, AED 3,203 per sq ft.
Completion dateSourceDLD project registerWindowcompletion dateFigureas the register lists itDatasales to 5 Oct 2026 · DLD register read 13 Oct 2026How it is worked out
31 Dec 2029
on the DLD register
BuiltSourceDLD project registerFigure% built at DLD’s latest inspectionDatasales to 5 Oct 2026 · DLD register read 13 Oct 2026How it is worked out
5.4%
DLD inspection, 6 Aug 2026
Median 1 BRSourceDLD registered salesWindowOct 2025–Sep 2026Based on350 salesFiguremedian price and median price per sq ft of home sales of this sizeDatasales to 5 Oct 2026How it is worked out
AED 2.6m
AED 3,220/sq ft · 350 sales
Median home priceSourceDLD registered salesWindowOct 2025–Sep 2026Based on394 salesFiguremedian of registered home sales, not an asking priceDatasales to 5 Oct 2026How it is worked out
AED 2.6m
394 home sales, Oct 2025–Sep 2026
Sales, 12 monthsSourceDLD registered salesWindowOct 2025–Sep 2026Based on394 salesFigureregistered sales of every property typeDatasales to 5 Oct 2026How it is worked out
394
−18% on Oct 2024–Sep 2025
Registered prices of 1-bedroom homes here, Oct 2025–Sep 2026
Lower quartile, median and upper quartile of 350 home sales; median size 776 sq ft.
The DLD project register
ActiveCompletion date on the DLD register: 31 Dec 2029
5.44% built at DLD’s inspection on 6 Aug 2026.
Started29 Sep 20255.4% builtinspection 6 Aug 2026Completion31 Dec 2029
Built, at DLD’s latest inspection5.44%
- DLD project number
- 3743
- Status
- Active
- Completion date
- 31 Dec 2029
- Start date
- 29 Sep 2025
- Registered
- 12 May 2025
- Developer
- Damac Crest Development L.L.C · DLD developer 2117
- Escrow account bank
- Abu Dhabi Commercial Bank
- Units
- 958
- Buildings
- 3: Chelsea Residences 2 By Damac Tower-B, Chelsea Residences 2 By Damac Tower-A, Chelsea Residences 2 By Damac Tower-C
Inspection history: 4 inspections on the register
| Inspection date | Built |
|---|---|
| 6 Aug 2026 | 5.44% |
| 9 Apr 2026 | 0.68% |
| 5 Nov 2025 | 0.04% |
| 5 May 2025 | 0% |
Source: Dubai Land Department project register, read 13 Oct 2026. The register’s own figures, shown as it lists them.
Developer’s reply: none yet. DAMAC can send a reply about these figures; replies are checked before they’re published and never change a number. How developers reply
Statement ID S-3743-H1 · DLD register read 13 Oct 2026
Home prices by size
registered home sales, Oct 2025–Sep 2026| Size | Sales | Median price | Median AED /sq ft | Median size, sq ft |
|---|---|---|---|---|
| 1 BR | 350 | AED 2.6m | 3,220 | 776 |
| 2 BR | 32 | AED 4.7m | 2,847 | 1,663 |
| 3 BR | 12 | AED 5.6m | 2,744 | 2,045 |
Medians of registered flat and villa sales with no data-quality flag; a size with fewer than 5 sales shows no median.
Check an asking price
use the size on the sale contractEnter the size and the asking price to compare them with registered sales.
The size starts at the median registered size for that size here; use the size on your sale contract. Fees as listed on DLD’s Property Sale Registration page. Compare with other projects in the price check
Price against launch
median price per sq ft, homes| Size | Launch | Sales | Latest | Sales | Change |
|---|---|---|---|---|---|
| 1 BR | AED 3,183 | 430 | AED 3,202 | 13 | +1% |
Launch: first 90 days of registered sales of off-plan homes, 7 Jul 2025 to 4 Oct 2025. Latest: every home sale of that size, Jul–Sep 2026. Shown only where both have at least 5 sales.
Latest registered sales
All recent sales| Date | Type | Sq ft | Price | AED /sq ft | vs area |
|---|---|---|---|---|---|
| 30 Sep 2026 | Flat · 1 BR Off-plan | 774 | AED 2.5m | 3,242 | +7% |
| 25 Sep 2026 | Flat · 1 BR Off-plan | 921 | AED 2.9m | 3,202 | +5% |
| 22 Sep 2026 | Flat · 2 BR Off-plan | 1,660 | AED 5.0m | 2,986 | +4% |
| 11 Sep 2026 | Flat · 1 BR Off-plan | 774 | AED 2.4m | 3,108 | +2% |
| 26 Aug 2026 | Flat · 1 BR Off-plan | 921 | AED 3.0m | 3,215 | +6% |
| 21 Aug 2026 | Flat · 1 BR Off-plan | 777 | AED 2.4m | 3,111 | +2% |
| 21 Aug 2026 | Flat · 2 BR Off-plan | 1,158 | AED 3.4m | 2,970 | +3% |
| 11 Aug 2026 | Flat · 1 BR Off-plan | 921 | AED 3.0m | 3,248 | +7% |
| 10 Aug 2026 | Flat · 1 BR Off-plan | 893 | AED 3.0m | 3,409 | +12% |
| 6 Aug 2026 | Flat · 1 BR Off-plan | 776 | AED 2.5m | 3,244 | +7% |
Every type of sale, newest first; DLD publishes no time of day. Price per sq ft for homes only. “vs area”: against the median for that size in Dubai Maritime City, Oct 2025–Sep 2026.
DAMAC’s newest ads
None of DAMAC’s 39 running ads names Chelsea Residences 2 by DAMAC; these are the newest, from Meta’s Ad Library on 26 Oct 2026. Prices and claims in ads are the developer’s, not checked against DLD records.
A new wave of luxury living is taking shape on Dubai’s coastline. DAMAC Bay by Cavalli has reached 35% overall progress, with 65% of the superstructure complete and 15% of the facade now taking shape. As the vision rises, a new expression of coastal luxury draws closer to reality. #DAMAC #DAMACBayByCavalli #LuxuryLiving #ConstructionUpdate
Your new view is waiting. Introducing Sorrento Lagoon Views, with studios and 1-Bedroom apartments. #DAMAC #LuxuryLiving #SorrentoLagoonViews
50,000+ homes delivered, shaped by the relationships behind them. A few words from valued partners who have been part of the journey. #DAMAC #DAMAC50K #OneFamily
Dubai Maritime City market insights
Registered with DLD under the district Madinat Dubai Almelaheyah, 2019 to 5 Oct 2026.
AED 3,199Sep 2026+67%on Oct 2023
Each point is the median price per square foot of the month’s registered home sales (flats and villas). A month with fewer than 10 home sales is left as a gap. Registered prices, not asking prices.
Most sold size
1 bedroom
Share of the home sales over Oct 2025–Sep 2026 that recorded a bedroom count
Sales a year
5,532 sales2025+36780%on 2019
Full years only, registered sales of every type. 1,801 sales in 2026 to 5 Oct.
Off-plan share
98% of the 3,744 sales over Oct 2025–Sep 2026 were registered as off-plan, DLD’s own registration type.
The full record
every figure behind the summarySales by year and by month
| Year | Sales | Off-plan | Ready | Value | Median home price | Median AED /sq ft |
|---|---|---|---|---|---|---|
| 2025 | 734 | 733 | 1 | AED 2.38bn | AED 2.5m | 3,182 |
| 2026 to 5 Oct | 140 | 140 | 0 | AED 423m | AED 2.7m | 3,203 |
Sales and value: registered sales of every property type since Jan 2019. Off-plan: DLD’s registration type; Ready: every other sale. Medians: home sales only, shown with 5 or more.
874sales registered, Apr 2025 to Sep 2026
Every registered sale, all property types.
Other projects in Dubai Maritime City
3,744 sales were registered in Dubai Maritime City over Oct 2025–Sep 2026, with homes at a median AED 3,073 per sq ft over Jul–Sep 2026.
| Project | Developer | DLD register | Sales, Oct 2025–Sep 2026 | Median home price |
|---|---|---|---|---|
| Breez by Danube | Danube | Due Jun 2029 | 919 | AED 1.8m |
| Franck Muller Yachting | London Gate | Due Jul 2028 | 577 | AED 1.6m |
| Kanyon by Beyond | Omniyat | Due Sep 2028 | 333 | AED 2.7m |
| Soulever' by Beyond | Omniyat | Due Dec 2028 | 230 | AED 4.4m |
| Aurea | Emaar | Due Jun 2030 | 158 | AED 2.9m |
| Chelsea Residences by DAMAC | DAMAC | Due Dec 2029 | 119 | AED 3.3m |
| 31 Above by Beyond | Omniyat | Due Dec 2028 | 115 | — |
| Talea | Omniyat | Due Jun 2028 | 111 | AED 4.1m |
| Sera 2 | Emaar | Due Nov 2029 | 91 | AED 2.3m |
| Oceanz 2 by Danube | Danube | No completion date | 66 | AED 2.0m |
| Baystar by Vida | Emaar | Due Dec 2029 | 64 | AED 4.5m |
| Fior 1 | Emaar | Due Jul 2030 | 59 | AED 2.3m |
Median home price over Oct 2025–Sep 2026, shown with 5 or more home sales.
Other projects by DAMAC
| Project | Area | Completion date | Built | Sales, Oct 2025–Sep 2026 |
|---|---|---|---|---|
| DAMAC Lagoons - Valencia | Al Hebiah Fifth | Feb 2028 | 5.2% | 1,278 |
| DAMAC District | DAMAC Hills | Mar 2029 | 4.1% | 705 |
| DAMAC Riverside Views - Azure 2 | Dubai Investment Park Second | Mar 2029 | 5.8% | 692 |
| DAMAC Riverside Views - Capri 1 | Dubai Investment Park Second | Mar 2029 | 8.2% | 638 |
| DAMAC Lagoons - Lagoon Views 13 | Al Hebiah Fifth | Dec 2027 | 6% | 525 |
| DAMAC Islands 2 - Bahamas 2 | Al Yelayiss 1 | Jun 2030 | 0.3% | 497 |
| DAMAC Islands 2 - Bahamas 1 | Al Yelayiss 1 | Jun 2030 | 0.3% | 476 |
| DAMAC Islands 2 - Cuba | Al Yelayiss 1 | Jun 2030 | 0.2% | 439 |
| DAMAC Islands 2 - Bermuda | Al Yelayiss 1 | Jun 2030 | 0.2% | 401 |
| DAMAC Islands 2 - Tahiti 2 | Al Yelayiss 1 | Jun 2030 | 0.3% | 378 |
| DAMAC Islands 2 - Maui | Al Yelayiss 1 | Jun 2030 | 0.2% | 347 |
| DAMAC Islands 2 - Barbados 1 | Al Yelayiss 1 | Jun 2030 | 0.2% | 318 |
More from DAMAC
Every DAMAC projectDubai, general view
DAMAC Lagoons - Valencia
Al Hebiah Fifth · DAMAC
Due Feb 2028DLD register
Median home price, Oct 2025–Sep 2026AED 785k
DAMAC Hills · area photo
DAMAC District
DAMAC Hills · DAMAC
Due Mar 2029DLD register
Median home price, Oct 2025–Sep 2026AED 1.3m
Dubai, general view
DAMAC Riverside Views - Azure 2
Dubai Investment Park Second · DAMAC
Due Mar 2029DLD register
Median home price, Oct 2025–Sep 2026AED 1.1m
Dubai, general view
DAMAC Riverside Views - Capri 1
Dubai Investment Park Second · DAMAC
Due Mar 2029DLD register
Median home price, Oct 2025–Sep 2026AED 1.2m
Dubai, general view
DAMAC Lagoons - Lagoon Views 13
Al Hebiah Fifth · DAMAC
Due Dec 2027DLD register
Median home price, Oct 2025–Sep 2026AED 1.2m
Dubai, general view
DAMAC Islands 2 - Bahamas 2
Al Yelayiss 1 · DAMAC
Due Jun 2030DLD register
Median home price, Oct 2025–Sep 2026AED 2.8m
Photos: Towers under construction, Dubai by Leandro Neumann Ciuffo (Wikimedia Commons, CC BY 2.0); Dubai Motor City by أمين علوان (Wikimedia Commons, CC BY-SA 4.0); Sheikh Zayed Road from above by monicker (Wikimedia Commons, CC BY-SA 3.0). Resized and cropped.
More projects in Dubai Maritime City
Everything in Dubai Maritime CityDubai, general view
Breez by Danube
Dubai Maritime City · Danube
Due Jun 2029DLD register
Median home price, Oct 2025–Sep 2026AED 1.8m
Dubai, general view
Franck Muller Yachting
Dubai Maritime City · London Gate
Due Jul 2028DLD register
Median home price, Oct 2025–Sep 2026AED 1.6m
Dubai, general view
Kanyon by Beyond
Dubai Maritime City · Omniyat
Due Sep 2028DLD register
Median home price, Oct 2025–Sep 2026AED 2.7m
Dubai, general view
Soulever' by Beyond
Dubai Maritime City · Omniyat
Due Dec 2028DLD register
Median home price, Oct 2025–Sep 2026AED 4.4m
Dubai, general view
Aurea
Dubai Maritime City · Emaar
Due Jun 2030DLD register
Median home price, Oct 2025–Sep 2026AED 2.9m
Dubai, general view
Chelsea Residences by DAMAC
Dubai Maritime City · DAMAC
Due Dec 2029DLD register
Median home price, Oct 2025–Sep 2026AED 3.3m
Photos: Towers in Business Bay by giggel (Wikimedia Commons, CC BY 3.0); Towers under construction, Dubai by Leandro Neumann Ciuffo (Wikimedia Commons, CC BY 2.0); Sheikh Zayed Road from above by monicker (Wikimedia Commons, CC BY-SA 3.0). Resized and cropped.
Before you buy a home in Chelsea Residences 2 by DAMAC
About Chelsea Residences 2 by DAMAC
Chelsea Residences 2 by DAMAC is a DAMAC project in Dubai Maritime City, Dubai, registered with the Dubai Land Department as project 3743 by Damac Crest Development L.L.C. The register lists it as active, with a completion date of 31 Dec 2029, 5.44% built at DLD’s inspection on 6 Aug 2026.
874 sales have been registered since Jan 2019, the first on 23 Apr 2025, 394 of them over Oct 2025–Sep 2026. Over those twelve months its 394 home sales registered at a median AED 2.6m. The sales include 1 land plot, left out of every price figure. These are prices buyers paid, recorded at registration, not asking prices.
By sales since Jan 2019 it is 2nd of the 49 projects with a registered sale in Dubai Maritime City, and 18th of DAMAC’s 255.
Questions about Chelsea Residences 2 by DAMAC
When will Chelsea Residences 2 by DAMAC be finished?
The DLD register lists a completion date of 31 Dec 2029. It was 5.44% built at DLD’s inspection on 6 Aug 2026. These are the register’s own figures, read 13 Oct 2026; we don’t forecast a finish.
Is Chelsea Residences 2 by DAMAC finished?
No. The DLD register lists it as active, 5.44% built at the inspection on 6 Aug 2026.
What do homes in Chelsea Residences 2 by DAMAC sell for?
1 BR: a median AED 2.6m, AED 3,220 per sq ft, from 350 sales; 2 BR: a median AED 4.7m, AED 2,847 per sq ft, from 32 sales; 3 BR: a median AED 5.6m, AED 2,744 per sq ft, from 12 sales. Registered home sales over Oct 2025–Sep 2026, not asking prices.
How many sales has Chelsea Residences 2 by DAMAC had?
874 sales registered with the Dubai Land Department since Jan 2019, 394 of them over Oct 2025–Sep 2026. The count includes 1 land plot, which are left out of every price figure.
Who is the developer of Chelsea Residences 2 by DAMAC?
The DLD register lists Damac Crest Development L.L.C, DLD developer number 2117, which we group under DAMAC.
Where is Chelsea Residences 2 by DAMAC?
In Dubai Maritime City, Dubai. The Dubai Land Department registers its sales under the district Madinat Dubai Almelaheyah. Homes there registered at a median AED 3,073 per sq ft over Jul–Sep 2026.
Which escrow account does DLD list for Chelsea Residences 2 by DAMAC?
The DLD project register lists an escrow account with Abu Dhabi Commercial Bank for Chelsea Residences 2 by DAMAC.
Cite this page
Chelsea Residences 2 by DAMAC, Dubai Maritime City. Real Estate IQ, from DLD registered sales to 5 Oct 2026 and the DLD project register read 13 Oct 2026. dubairealestateiq.com/project/chelsea-residences-2-by-damac
Sources: Dubai Land Department open data, registered sales to 5 Oct 2026, via Dubai Real Estate Data (CC BY 4.0), processed by Real Estate IQ; DLD project register, read 13 Oct 2026. Registered prices, not asking prices or valuations. How the figures are worked out.
Read next
GuideHow to check a Dubai off-plan project’s completion date
GuideAsking price or registered price: how to check a quote
TrackerActive projects on the DLD register, with their completion datesPhotos: Towers under construction, Dubai by Leandro Neumann Ciuffo (Wikimedia Commons, CC BY 2.0); Dubai Marina at night by Gfilip (Wikimedia Commons, CC BY-SA 4.0); Dubai skyline at dusk by imran shahabuddin (Wikimedia Commons, CC BY 2.0). Resized and cropped.